CPA Qualification Programme ("QP") Scholarships

The CPA QP Scholarship was established to recognize academic merit and encourage top local accountancy graduates to pursue professional accountancy studies. From the academic year 2002/2003, a maximum of 17 QP scholarships (up to 12 for final year undergraduates and up to 5 for postgraduates) will be offered each year. Final year undergraduate and postgraduate accountancy students possess outstanding performance in academic studies and extra-curricular activities, and of good character will qualify for consideration. Each scholarship is worth about HK$15,400 and is a waiver of the following fees of the QP: student registration fee, one-year student annual subscription, workshop and examination fees for the four QP Modules and the examination fee for the Final Professional Examination. The awards will be presented at the Institute's Award & Graduation Ceremony held in September each year.

Nominations to the year 2005 CPA QP Scholarships will open soon and tertiary institutions will be informed of the details and nomination procedures in due course. Nominations should be submitted by the accountancy department, or school of business or scholarships selection committee of the institutions concerned. Final year undergraduate accountancy students and postgraduate accountancy students may contact their Departments/Schools for application details. Regulations governing the award of the Scholarships are given below. You may also contact Mr. Kevin Tong of the Institute's Education & Training Department (Tel: 2287 7064) for further details of the Scholarships.

Hong Kong Institute of Certified Public Accountants

November 2004

Award Procedures and Criteria:

1. The award is offered through nomination by the Department of Accountancy or School of Business and/or the Scholarships Selection Committee of the institutions.
   
   
2. Each institution may nominate up to a maximum of four final year undergraduate students and two postgraduate students to the Hong Kong Institute of Certified Public Accountants for consideration. If the institution has both full-time and part-time (ie. those with full-time employment) undergraduate students, two more nominees of this category could be made. Candidates nominated will be assessed on the basis of their academic results in undergraduate/postgraduate studies and their participation in extra-curricular activities.
   
   
3. Completed nomination form, together with a letter of recommendation in support of each nomination, should be sent to the Institute for consideration.
   
   
4. The Institute's Examinations Board will select and recommend, for the Council's approval, suitable candidates to receive the CPA QP Scholarship awards.
   
   
5. The decision of the Hong Kong Institute of Certified Public Accountants is final.
   

Award Format and Value:

1. There are a maximum of seventeen (17) QP Scholarships: up to twelve (12) for final year undergraduates (full-time and part-time) and up to five (5) for postgraduates.
   
   
2. The value of each CPA QP Scholarship shall be HK$15,400 (subject to revision), to cover the fees for initial student registration, one year student annual subscription, the four QP Modules and the Final Professional Examination. Award recipients are therefore expected to take the CPA QP as their first professional accountancy examination.
   
   
3. The Institute shall present the award to the Scholarship recipients at the Institute's Award & Graduation Ceremony, which is normally held in September each year.
   
   
4. It will be assumed that the Scholarship awards shall be offered annually until further notice in writing by the Institute before 1 September of each year.